M-KOPA | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

M-KOPA is a UK-headquartered fintech company focused on providing affordable smartphones and digital financial services to underserved...


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M-KOPA logo

M-KOPA is a UK-headquartered fintech company focused on providing affordable smartphones and digital financial services to underserved individuals in emerging markets. With operations in several African countries, M-KOPA has extended over $1.5 billion in credit to more than 5 million customers through an innovative financing model that allows for daily repayments. The company leverages payments data and AI-driven analytics to build credit records for customers, facilitating access to digital loans, data subscriptions, and insurance.

Website
Size
1001-5000 employees
Industry
Financial Services
Specialities
smartphones, fintech, digital finance, technology, financial inclusion, digital connectivity, emerging markets, e-mobility, impact

πŸ›οΈ M-KOPA Product and Pricing News β†’

πŸ‘” M-KOPA CEO, Management and Leadership Team β†’

βš”οΈ M-KOPA Alternatives and Competitors β†’

πŸ’Ό M-KOPA Hiring and Layoffs β†’

πŸ€– M-KOPA Developer, Integration and Automation News β†’

πŸ“ˆ M-KOPA Financials, Fundraising and Valuation News β†’

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πŸ›οΈ M-KOPA Product and Pricing News

  • M-KOPA Loans Kenya Limited is now regulated by the Central Bank of Kenya.
  • M-KOPA's Kipkaren branch is now offering the 'More than a Phone' X-series smartphones with financial services and medical insurance in partnership with Turaco.
  • M-KOPA launched the M-KOPA X2 smartphone with asset financing in Kenya, Uganda, and Tanzania, offering affordable access to modern technology with flexible payment options.
  • M-KOPA Kenya unveiled its 2024 Impact Report at a media roundtable, highlighting its role in digital connectivity and financial inclusion, and addressing tax disputes with KRA.
  • M-KOPA's Product Director Tsakane Ngoepe will speak at the Africa Tech Festival on November 12 about strategies for expanding women's digital access and financial inclusion.

  • M-KOPA has been recognized by the Financial Times as one of Africa's fastest-growing companies in 2022, 2023, and 2024, and by TIME100 as one of the most influential companies in the world in 2023 and 2024.
  • M-KOPA assembled over 1.5 million phones in Kenya in 2024 and aims to produce 10 million by 2027, with plans to export to Uganda.
  • M-KOPA's X20, assembled in Kenya, is currently considered the best in the market according to CPA Michael G. Njenga, Production Controller at M-KOPA.

πŸ‘” M-KOPA CEO, Management and Leadership Team


βš”οΈ M-KOPA Alternatives and Competitors

  • Lumos
  • |
  • Fido Money Lending
  • |
  • Asaak
  • |
  • Rensource Energy
  • |
  • Messenger
  • |
  • MarketForce
  • |
  • d. light
  • |
  • Bboxx
  • |
  • Tugende
  • |
  • Apple Capital
  • |
  • ZOLA Electric
  • |
  • Clean Fund
  • |
  • EAM Solar
  • |
  • Philux Global Group
  • |
  • TradeDepot

Monitor your competitors, clients, accounts, partners etc. with RivalSense AI


πŸ’Ό M-KOPA Hiring and Layoffs

  • M-KOPA has restructured its board, changing several roles from 'Investor Director' to 'Non-Executive Director' and adding specific titles for Rajeev Suri and Katsuya Kashiki.
  • Adiba Ighodaro has joined M-KOPA as a Non Executive Director in the United Kingdom, previously holding a position at another company.
  • M-KOPA has appointed CPA Prossy Akankunda to the finance and tax department in Uganda.
  • Eder Prieto FernΓ‘ndez has left M-KOPA, where he was a C# Senior Backend Engineer in the Greater Bilbao Metropolitan Area, to become a Tech Lead at Metizoft AS.
  • M-KOPA is hiring for multiple positions including Logistics Officer in Tamale, Stock Controller in Dansoman, HR Shared Services Manager in Kenya, and Retail Operations Manager in Johannesburg.


πŸ€– M-KOPA Developer, Integration and Automation News

  • M-KOPA partnered with a telecommunications company, Meta, and Google to add five new devices to the Lipa Mdogo Mdogo initiative, enabling low-income users to buy 4G smartphones with daily payments of $0.20.


πŸ“ˆ M-KOPA Financials, Fundraising and Valuation News

  • M-KOPA has deployed over $1 billion in credit to underbanked individuals, with 42% of their customers being first-time smartphone users, highlighting their impact on financial inclusion.


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